Silver Prices Continued to Fluctuate at High Levels, Trading Slightly Slowed Down Approaching Month-End [SMM Daily Review]

Mar 25, 2025, at 2:30 pm

[SMM Daily Review: Silver Prices Continue to Fluctuate at High Levels, Trading Slightly Slows Down Approaching Month-End] According to SMM, the premiums and discounts for spot silver ingot warrants TD in Shanghai today were quoted at -2 yuan/kg to 0 yuan/kg. Silver prices continued to fluctuate at high levels, with downstream demand-driven transactions. Approaching month-end, some traders had insufficient cargoes with invoices dated this month, leading to brief delays in some transactions, and trading in the spot market slightly slowed down.

According to SMM, the premiums and discounts for spot silver ingot warrants with cash payment in Shanghai today ranged from -2 yuan/kg to 0 yuan/kg. For non-delivery brand standard silver ingot TD, the premiums and discounts were quoted at -2 yuan/kg, while for large factory silver ingots, the premiums and discounts ranged from 0 to +2 yuan/kg. Silver prices continued to fluctuate at high levels, with downstream demand-driven transactions. As the month-end approached, some traders faced insufficient invoice quotas for this month, leading to brief delays in certain transactions, and the spot market activity slightly weakened. View SMM precious metals spot quotes.

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Silver Prices Continued to Fluctuate at High Levels, Trading Slightly Slowed Down Approaching Month-End [SMM Daily Review]

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